Privacy and cybersecurity continue to be among the top issues facing companies and in-house counsel. From the rise of artificial intelligence and the internet of things (IoT), to ransomware and the Privacy Shield, the ever-evolving […]View More
Goodwin, a leading Global 50 law firm, announced today the release of the 2016 Consumer Finance Year in Review, a detailed report that highlights the major litigation, enforcement and regulations that impacted the consumer finance […]View More
Privacy and cybersecurity continue to be among the top issues facing companies and in-house counsel. From the rise of artificial intelligence and the internet of things (IoT), to ransomware and the Privacy Shield, the ever-evolving […]View More
For the first quarter of 2016, Consumer Finance Enforcement Watch tracked 50 enforcement actions taken against consumer finance providers, marking a slight increase from the 46 actions we had tracked a year ago in Q1 […]View More
On April 15, the U.S. Department of Justice (DOJ) announced that a mortgage company settled claims it violated the False Claims Act by originating and underwriting mortgage loans insured by the U.S. Department of Housing and Urban Development’s (HUD) Federal […]View More
On April 13, 2016, the New York Attorney General announced the filing of a lawsuit against several affiliated companies and individuals who lease credit card transaction processing equipment to small business owners. The Attorney General alleges […]View More
On April 13, 2016, the Office of the Comptroller of the Currency (the “OCC”) assessed a $35 million dollar penalty against a national bank for billing practices alleged to be unfair and deceptive in violation of Section 5 […]View More
On March 9, 2016, the Vermont Attorney General announced a $22,000 settlement with a payment processor over its alleged violation of Vermont consumer protection laws. The Attorney General asserted that between 2012-2013, the company processed debits from over 500 consumer […]View More
The U.S. Department of Housing and Urban Development (HUD) announced that it reached an agreement with a regional bank over a disparate treatment fair housing claim. HUD alleged that the bank engaged in racially discriminatory redlining […]View More
On January 27, 2016, the Federal Trade Commission (“FTC”) announced that it has filed a complaint against a for-profit college for allegedly violating the FTC Act by engaging in deceptive advertising. The suit was filed in the […]View More
